Today's Top 20 Health Finance Articles
  • 5 major health system mergers yet to close

    Healthcare is seeing an uptick in health system mergers and acquisitions post-pandemic, reflecting the industry's ongoing shift towards consolidation to enhance care delivery, expand reach and strengthen financial stability. 
  • Cleveland Clinic, UnityPoint and more: 5 systems back in the black in Q2

    Despite continued high labor costs, inflation and the rising costs of medical equipment and supplies, some nonprofit health systems reversed operating losses from the second quarter of 2023 and are back in the black in the second quarter of this year.
  • 7 health systems operating at a loss in Q2

    While many health systems continue to see sustainable improvements to their financial results, others are still working to improve upon their losses. 
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  • A wave of change is coming for healthcare benefits — are hospitals ready?

    Surveys of employers are making one thing clear: Healthcare costs are rising faster than they did before the pandemic, and those costs are being driven by inflation, the increasing use of weight loss medications, and higher overall medical expenses. As employers and insurers grapple with these escalating costs, hospitals will undoubtedly be affected. 
  • Adena Health back in the black with 1.8% Q2 margin

    Chillicothe, Ohio-based Adena Health System reported $3.3 million in operating income (1.8% margin) in the second quarter, reversing a $2.9 million loss (-1.6% margin) from the same period in 2023, according to financial documents published Aug. 27.
  • 2 Steward Massachusetts hospitals to close

    Dallas-based Steward Health Care is set to close two of its Massachusetts hospitals, Boston-based Carney Hospital and Ayer-based Nashoba Valley Medical Center, at 7 a.m. Aug. 31.
  • Lifespan boosts operating income in Q3

    Providence, R.I.-based Lifespan reported an operating income of $11.5 million (1.3% margin) in the third quarter of 2024, up from an operating income of $8.8 million (1.1% margin) posted over the same period last year. 
  • MedHQ acquires RCM company

    MedHQ, a healthcare advisory and administrative service provider, has acquired Trajectory Revenue Cycle Services. 
  • Tufts slims Q2 operating loss to $40.7M under new CFO

    Boston-based Tufts Medicine posted a $40.7 million operating loss (-7.9% margin) for the three months ended June 30, improving on the $61.9 million loss (-9.6% margin) reported in the same period during 2023, according to financial documents published Aug. 30.
  • Fitch downgrades Pennsylvania system

    Fitch downgraded DuBois, Pa.-based Penn Highlands Healthcare's rating from "A-" to "BBB."
  • Allegheny Health Network cuts operating losses in Q2

    Pittsburgh-based Allegheny Health Network reported an operating loss of $25.9 million (-2.1% margin) in the second quarter of 2024, an improvement over a $47.8 million operating loss (-4.2 margin) posted over the same period last year. 
  • Beth Israel Lahey Health slims Q2 losses to $23.3M with new CFO

    Cambridge, Mass.-based Beth Israel Lahey Health reported a $23.3 million operating loss (-1% margin) for the three months ended June 30, improving on a $15.3 million loss (-0.8% margin) in the same period in 2023. 
  • 10 profitable health systems in Q2

    Hospitals' latest financial results point to the beginning of a slow and sustained recovery Fitch said in an Aug. 12 report.
  • UnityPoint reverses loss with $33.9M Q2 operating gain

    West Des Moines, Iowa-based UnityPoint Health reported $33.9 million in operating income (2.6% margin) in the second quarter, reversing a $4.2 million operating loss (-0.4% margin) in the same period last year. 
  • Steward to sell 4 Massachusetts hospitals

    Providence, R.I.-based Lifespan and Lawrence (Mass.) General Hospital have entered into definitive agreements with Dallas-based Steward Health Care to acquire four of Steward's Massachusetts hospitals after Massachusetts Gov. Maura Healey shared that deals had been reached "in principle." 
  • New York system freezes some hiring

    The University of Rochester (N.Y.) Medical Center has implemented a temporary hiring freeze at some of its hospitals amid ongoing financial headwinds and rising labor costs, a spokesperson for the system confirmed to Becker's.
  • Montefiore back in black in 1st half of 2024

    New York City-based Montefiore Health System reported operating income of $32.3 million (0.8% margin) in the first half of 2024, up from an operating loss of $17.5 million over the same period last year. 
  • Northwell posts $76.8M operating income in Q2

    New Hyde Park, N.Y.-based Northwell Health reported operating income of $76.8 million (1.7% margin) in the second quarter of 2024, down from the second quarter of 2023's $169.2 million (4% margin). 
  • Steward moves to make Orlando Health successful bidder of Florida hospitals

    Dallas-based Steward Health Care filed an Aug. 28 notice, obtained by Becker's, to designate Orlando (Fla.) Health as the successful bidder for its northern Florida assets.
  • Dartmouth Health swings to profit, posts $41.9 million operating income

    Lebanon, N.H.-based Dartmouth Health reported $41.9 million in operating income (1.2% margin) for the fiscal year ending June 30, reversing the $45.3 million operating loss (-1.5% margin) posted in the previous fiscal year. 

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